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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and JFrog Ltd (FROG). Click either name above to swap in a different company.
JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $110.6M, roughly 1.3× American Assets Trust, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs -10.5%, a 16.6% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 1.8%). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -0.1%).
Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.
JFrog Ltd is a global DevOps technology provider that delivers end-to-end software release, artifact management, and security solutions. It serves clients across tech, finance, retail, and manufacturing sectors, helping teams streamline development and delivery workflows for cloud, on-premises, and hybrid infrastructure.
AAT vs FROG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $110.6M | $145.3M |
| Net Profit | $6.7M | $-15.2M |
| Gross Margin | — | 77.9% |
| Operating Margin | 23.4% | -14.7% |
| Net Margin | 6.1% | -10.5% |
| Revenue YoY | 1.8% | 25.2% |
| Net Profit YoY | -16.3% | 34.4% |
| EPS (diluted) | $0.08 | $-0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $110.6M | — | ||
| Q4 25 | $110.1M | $145.3M | ||
| Q3 25 | $109.6M | $136.9M | ||
| Q2 25 | $107.9M | $127.2M | ||
| Q1 25 | $108.6M | $122.4M | ||
| Q4 24 | $113.5M | $116.1M | ||
| Q3 24 | $122.8M | $109.1M | ||
| Q2 24 | $110.9M | $103.0M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $-15.2M | ||
| Q3 25 | $4.5M | $-16.4M | ||
| Q2 25 | $5.5M | $-21.7M | ||
| Q1 25 | $42.5M | $-18.5M | ||
| Q4 24 | — | $-23.2M | ||
| Q3 24 | $16.7M | $-22.9M | ||
| Q2 24 | $11.9M | $-14.3M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 77.9% | ||
| Q3 25 | 60.5% | 77.4% | ||
| Q2 25 | 62.6% | 76.3% | ||
| Q1 25 | 62.0% | 75.3% | ||
| Q4 24 | 61.3% | 75.4% | ||
| Q3 24 | 65.5% | 75.0% | ||
| Q2 24 | 63.6% | 78.8% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | -14.7% | ||
| Q3 25 | 22.6% | -15.8% | ||
| Q2 25 | 24.1% | -20.4% | ||
| Q1 25 | 66.3% | -18.8% | ||
| Q4 24 | 26.5% | -21.9% | ||
| Q3 24 | 30.8% | -27.4% | ||
| Q2 24 | 27.8% | -18.6% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | -10.5% | ||
| Q3 25 | 4.1% | -12.0% | ||
| Q2 25 | 5.1% | -17.0% | ||
| Q1 25 | 39.2% | -15.1% | ||
| Q4 24 | — | -20.0% | ||
| Q3 24 | 13.6% | -21.0% | ||
| Q2 24 | 10.7% | -13.9% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $-0.13 | ||
| Q3 25 | $0.07 | $-0.14 | ||
| Q2 25 | $0.09 | $-0.19 | ||
| Q1 25 | $0.70 | $-0.16 | ||
| Q4 24 | $0.14 | $-0.21 | ||
| Q3 24 | $0.28 | $-0.21 | ||
| Q2 24 | $0.20 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.3M | $704.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $887.4M |
| Total Assets | $2.9B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $704.4M | ||
| Q3 25 | $138.7M | $651.1M | ||
| Q2 25 | $143.7M | $611.7M | ||
| Q1 25 | $143.9M | $563.5M | ||
| Q4 24 | $425.7M | $522.0M | ||
| Q3 24 | $533.0M | $467.8M | ||
| Q2 24 | $114.9M | $591.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | $887.4M | ||
| Q3 25 | $1.2B | $859.4M | ||
| Q2 25 | $1.2B | $826.5M | ||
| Q1 25 | $1.2B | $800.0M | ||
| Q4 24 | $1.2B | $773.5M | ||
| Q3 24 | $1.2B | $756.2M | ||
| Q2 24 | $1.2B | $721.4M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $1.3B | ||
| Q3 25 | $2.9B | $1.3B | ||
| Q2 25 | $3.0B | $1.2B | ||
| Q1 25 | $3.0B | $1.2B | ||
| Q4 24 | $3.3B | $1.1B | ||
| Q3 24 | $3.4B | $1.1B | ||
| Q2 24 | $3.0B | $1.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.72× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $50.7M |
| Free Cash FlowOCF − Capex | — | $49.9M |
| FCF MarginFCF / Revenue | — | 34.3% |
| Capex IntensityCapex / Revenue | 14.5% | 0.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $142.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $50.7M | ||
| Q3 25 | $40.5M | $30.2M | ||
| Q2 25 | $49.2M | $36.1M | ||
| Q1 25 | $36.9M | $28.8M | ||
| Q4 24 | $207.1M | $49.1M | ||
| Q3 24 | $52.4M | $27.6M | ||
| Q2 24 | $59.3M | $16.7M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $49.9M | ||
| Q3 25 | $23.1M | $28.8M | ||
| Q2 25 | $28.4M | $35.5M | ||
| Q1 25 | $20.4M | $28.1M | ||
| Q4 24 | $136.9M | $48.5M | ||
| Q3 24 | $28.0M | $26.7M | ||
| Q2 24 | $43.6M | $16.0M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | 34.3% | ||
| Q3 25 | 21.1% | 21.0% | ||
| Q2 25 | 26.3% | 27.9% | ||
| Q1 25 | 18.8% | 23.0% | ||
| Q4 24 | 120.7% | 41.8% | ||
| Q3 24 | 22.8% | 24.5% | ||
| Q2 24 | 39.3% | 15.5% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 0.6% | ||
| Q3 25 | 15.9% | 1.0% | ||
| Q2 25 | 19.3% | 0.5% | ||
| Q1 25 | 15.1% | 0.5% | ||
| Q4 24 | 61.9% | 0.5% | ||
| Q3 24 | 19.9% | 0.9% | ||
| Q2 24 | 14.1% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 8.98× | — | ||
| Q2 25 | 9.01× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.15× | — | ||
| Q2 24 | 4.98× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAT
| Rental income | $104.4M | 94% |
| Other | $6.2M | 6% |
FROG
Segment breakdown not available.